Chevron Technology Ventures, LLC (CTV) today announced the launch of its Catalyst ProgramTM, an initiative to promote technology innovation in the Houston area and beyond.
The Catalyst Program will focus on accelerating the maturation of early-stage companies working on technologies that can directly benefit the oil and gas industry. These include “smart” oil field equipment, advanced materials, water technology and IT software/hardware, among others. Candidate companies are expected to be beyond seed stage with plans to raise additional venture capital in the near future.
“Innovative technology from startups can deliver value to Chevron,” said Chevron Technology Ventures President Barbara Burger. “The Catalyst Program will support innovation across the industry while helping local early-stage companies accelerate technology development.”
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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